Word from Industry
India inches closer to Natural Gas development
June 4, 2018
In order to promote the use and increase consumption of natural gas, the government is planning to launch a natural gas trading hub later this year.
Petroleum and Natural Gas Regulatory Board (PNGRB) has chosen CRISIL as the consultant for preparing the regulations for the planned Natural Gas Trading Exchange. The downstream oil and gas regulator’s chairman, D K Sarraf confirmed CRISIL’s appointment and stated that operations will begin by late 2018 or early 2019.
Dharmendra Pradhan, Oil Minster of India expressed his thoughts about the establishment of the Natural Gas Trading Hub, saying a unified rate of natural gas can be expected in the coming days.
The Oil Industry Development Board (OIDB) will join hands with PNGRB to finalize the complete regulation, operation and location of the gas exchange platform.
An inside source stated that a period of 18 weeks has been given to CRISIL to prepare its report and OIDB has partnered with KPMG, with the latter working as a consultant for location and operational functions.
According to Sarraf, “The idea is to create an ecosystem where the competing buyers would be able to buy gas from competing sellers and transport the same from gas source to the place of their requirement by getting a non-discriminatory access to the pipeline capacity. This end-to-end solution would reduce customer risk and enhance customer confidence on gas as an alternate fuel and feed,”
Source: Economic Times
India surpasses China in terms of demand for LNG to fight pollution!
December 28, 2018
Natural gas might be added to the GST List
June 18, 2018
India’s first LCNG hub station comes up at Waghodiya
May 29, 2018
LNG: The New Backbone of Trucking Industry
March 29, 2018
Eastern Region of India to get green piped gas soon
March 12, 2018
The Opportunistic India!
February 12, 2018
In the world market of LNG
LNG: powering public transport!
January 29, 2018
India is establishing its presence in the LNG market!
H-Energy Private Limited
Western Concessions Private Limited
H-Energy Gas Marketing Private Limited
H-Energy East Coast Private Limited
HE Terminals Private Limited
H-Energy Mideast DMCC
H-Energy Management Holdings DIFC
- Privacy & Policy
- Terms & Conditions
12th Floor, Knowledge Park,
Hiranandani Business Park,
Powai, Mumbai - 400 076, India.
T: +91 22 2571 5100
F: +91 22 2576 3777
514, Dalamal Towers, 211 FPJ Marg,
Nariman Point, Mumbai - 400 021,
T: +91 22 2287 6060
F: +91 22 2283 2010